#MarketUpdateMonday: South Redondo Beach Sales for January 2017

The South Redondo Beach market started off well in January 2017 keeping the momentum of 2016 going, despite the small number of sales and January being one of the slower months of home sales around the holidays. 

For Single Family Homes, in South Redondo Beach, take a look at the stats below: 

Number of Homes Sold: 4

Lowest Sales Price: $680,000 (2 Bed | 1 Bath | 981 SF | 2,752 Lot SF) 

Highest Sales Price: $1,688,000 (5 Bed | 4 Bath | 3,155 SF | 7,486 Lot SF) 

Average Sales Price: $1,285,750

Median Sales Price: $1,387,500

Average Price Per SF: $656.59

How Many Sold over Asking: 2 

Average days On Market: 50 

For Townhouses and Condos, in South Redondo Beach, take a look at the stats below: 

Number of Homes Sold: 9

Lowest Sales Price: $590,000 (1 Bed | 1 Bath | 619 SF) 

Highest Sales Price: $1,650,000 (4 Bed | 4 Bath | 2,915 SF) 

Average Sales Price: $1,016,000

Median Sales Price: $849,000

Average Price per SF: $576.69

How Many Sold Over Asking: 3 

Average Days On Market: 59 Days 

Above are photos of the home we represented our buyers on. This home sold for $1,515,000 with 3 Bedrooms, 3 Bathrooms, a detached permitted guest house and a 3 car garage. The home is about 2,500 square feet and sits on a 6,081 square foot lot. Please head over to our contact page if you have any questions or would like further details on the market.